Mom Goes To Jail After Racking Up $30K Credit Card Debt In Daughter’s Name And Tanking Her Credit Score

Mom Goes To Jail After Racking Up K Credit Card Debt In Daughter’s Name And Tanking Her Credit Score

How would you deal with a situation where your mother racked up $30,000 debt in your name without telling you and asked you to repay it for raising you? That happened with a young daughter last year before graduating from college. In a recent Reddit post, she shared her ordeal about finding out her mother’s … Read more

Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime

Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime

A credit score determines your creditworthiness. When you apply for products like credit cards, loans, or mortgages, lenders check your credit score and profile to review your loan repayment history, credit utilisation, credit mix, and enquiries before determining your loan eligibility and terms. A poor credit score could lead to application rejection or approval with … Read more

Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up

Credit Card Fraud Cost Americans  Billion In 2023 As Identity Theft Cases Flare Up

Have you ever noticed a new credit card or loan account on your credit report that you don’t recognise or inquiries for credit products you never made? There’s a good probability that you may be a victim of identity theft. It is a form of financial fraud where threat actors use your personal data, such … Read more